Terry Shaunessy BMO DJ Industrial Ave Hedged to CAD ETF ZDJ-T PAST TOP PICK Jan 16, 2013

(A top pick Sept 5/12. Up 4.3%.) Wanted a broader based product of US but also wanted to take a currency hedge off. Switched into Vanguard S&P 500 Index ETF (VFV-T). This one was geared more to big international US companies. Dow Jones didn’t do quite as well as the S&P 500 in 2012 because it doesn’t have as big a financial and technology exposure.

Terry Shaunessy

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PAST TOP PICK

(A Top Pick March 26/12. Down 6.32%.)

DON'T BUY

S&P US Div. Growth Fund (CUD-T) or DJ Industrial Ave Hedged to CAD ETF (ZDJ-T) for a good dividend yield? He wants dividend but also wants some growth potential. The trouble with the Dow is that it is price weighted, which means that the highest weighting in the Dow is the one with the highest stock price. Not crazy about this.

BUY

2.4-2.7% yield. Likes it. Good quality ETF. Good way to play the US for dividends.

TOP PICK

(A Top Pick Jun1 1/11. Up 8.37%.) Likes the Dow Jones Industrial index better than the S&P 500 at the moment. About 21% of the Dow Jones Industrial is industrial in some of the most famous names in the US with respect to companies that will benefit from a global recovery.

PAST TOP PICK

(Top Pick Mar 26/12, Up 3.40%) Mar 26 was the high for the year but he owned since the beginning of the year and he is up.

DON'T BUY

The 30 biggest companies in the US. You can use these for income. In a rising market, however, covered calls crimp your gain.

WAIT

Dow Jones Industrial Average. In February we should get the low point for the year. He thinks it will be between at the October and December lows. He plans on buying on dips.

COMMENT

A Cdn$ Dow Jones Unhedged ETF’s? This is one, but is not sure if other ETF providers in Canada have an unhedged Dow.

COMMENT

It gives exposure to the Dow with a currency hedge. It could be a good way to play it for Canadians in terms of exposure. He would stick to the S&P500 rather than to the Dow.

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Terry Shaunessy BMO DJ Industrial Ave Hedged to CAD ETF ZDJ-T PAST TOP PICK Jan 16, 2013

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BMO DJ Industrial Ave Hedged to CAD ETF(ZDJ-T)

BMO DJ Industrial Ave Hedged to CAD ETF(ZDJ-T)

BMO DJ Industrial Ave Hedged to CAD ETF(ZDJ-T)

BMO DJ Industrial Ave Hedged to CAD ETF(ZDJ-T)

BMO DJ Industrial Ave Hedged to CAD ETF(ZDJ-T)

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BMO DJ Industrial Ave Hedged to CAD ETF(ZDJ-T)

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